AI

Smart cities are a growing trend around the world. In Hong Kong, there are also a number of start-ups focusing on developing smart city and smart home solutions. Accosys has developed an artificial intelligence (AI) concierge, which brings AI on the frontline of a brand communicating directly with the customer. Another company, GL Technologies specialises in wifi enabled smart routers and gateways to create smart homes and smart offices. More

Part of a global trend, start-ups have become a rising phenomenon in Hong Kong, with fintech, smart city and smart home, healthcare and big data applications among the most popular sectors. There are also a significant number of start-ups in the process of commercialising the cutting edge technologies developed by universities. More

HKTDC Research recently conducted an online survey targeting start-ups that have been in operation for 5 years or less, which are either technology companies or those adopting particularly innovative business models. Most respondents are of the view that obtaining adequate access to capital is the biggest challenge. Other top challenges, in descending order, are hiring and retaining talent, overseas expansion, customer scepticism with regard to new products/services and cost/cash flow control. More

Recent developments in artificial intelligence (AI) and Internet technology have unleashed various revolutionary smart-security products in the Chinese mainland, leading to rapid expansion of the sector and offering several lucrative opportunities for tech-savvy businesses. More